All posts tagged "NPC"
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257ChinaChina Expands Futures Law to Include OTC Derivatives
ISDA says the revised draft incorporates several comments it made in its submission to the consultation on the first draft.
October 28, 2021 -
139China
China to Use Property Tax to Curb Real Estate Speculation
The introduction of a property tax is aimed at facilitating the steady and sound development of the property market, curbing speculation, and redistributing wealth.
October 26, 2021 -
204AML / KYCAdoption of Anti-Sanctions Law in Hong Kong Deferred – Reports
Hong Kong’s delegate to the NPC Standing Committee Tam Yiu-chung says the vote was delayed pending further study.
August 25, 2021 -
93ChinaHainan Opens Market Access with Shorter Negative List
Foreign businesses and individuals are required comply with just 70 special management measures in 11 industries.
July 29, 2021 -
227China
China Issues Draft Law Aimed at Improving Audit Practices
The law prohibits the entities being audited from refusing to provide information, delaying such provision, and submitting false information.
June 17, 2021 -
297China
China Passes Law Establishing Hainan as Free Trade Port
The law states that Hainan will implement a "minimalist" investment approval system and create an "open, transparent, and predictable investment environment".
June 16, 2021 -
690ChinaChina Passes Data Security Law, Effective in September
Companies that provide data to foreign judicial or law enforcement agencies without approval can have their business licences revoked and be penalised up to CNY 5 million.
June 15, 2021 -
349AML / KYC
China Passes Anti-foreign Sanctions Legislation
Countermeasures can be taken against senior managers and actual controllers of firms included on the anti-sanctions list, as well as their family members.
June 14, 2021 -
280AML / KYC
China Steps Closer to Law to Protect Against US Sanctions
A second draft of legislation aimed at countering US sanctions has reportedly been filed and is expected to be voted on soon.
June 9, 2021 -
715AML / KYCChina to Broaden Scope of AML Law, Raise Penalties
The draft law brings into scope non-bank financial institutions as well as property developers, accounting firms and precious metal dealers.
June 3, 2021
